Latest Realty News

Inventory of unsold homes up 4.85% in January-March quarter at 7,34,000 units
May 19, 2014
DELHI: The inventory of unsold homes in the top cities has risen 4.85% in the January-March quarter to 7,34,000 apartments from just over 7,00,000 apartments in the previous quarter on the back of tepid sales and over 700 new residential projects being launched across the country, says a report by property research firm Liases Foras.
Around $16 billion locked in Mumbai's fund-starved real estate sector
May 11, 2014
MUMBAI: Close to Rs1,00,000 crore (around $16 billion) by private equity funds is locked in the fund-starved real estate sector as hundreds of projects get delayed across the country and investors struggle for an exit.
Shopping mall supply dips in A'bad in Q1 of 2014
Apr 09, 2014
DELHI: Supply of retail space in shopping malls fell by 65 per cent during January-March period in top eight cities of India to 3.5 lakh sq ft as completion of four malls got deferred, according to global property consultant Cushman & Wakefield.
Taurus Investment Holdings draws up Rs 1,200-crore scheme near Technopark
Mar 14, 2014
THIRUVANANTHAPURAM: German-Amercian commercial real estate developer Taurus Investment Holdings has drawn up a Rs 1,200-crore scheme for developing a downtown mode social infrastructure close to Kerala's IT hub Technopark here.
Election code of conduct hits realty firms
Mar 13, 2014
DELHI: Real estate developers say they are facing cost escalation on several residential projects across cities as officials are holding back routine approvals citing the election code of conduct.
HDFC Mutual Fund to raise Rs 1,500 crore for real estate
Mar 01, 2014
MUMBAI|BANGALORE: HDFC Mutual Fund plans to raise up to Rs 1,500 crore for real estate through a newly-formed category — alternative investment funds (AIF). According to two persons familiar with the matter, the asset management company will raise the money through a new division that is likely to be called HDFC AIF.
'Realty market worse than 6 months ago, but hope builds up’
Feb 15, 2014
MUMBAI: Property markets, including the National Capital Region and Mumbai Metropolitan Region, have got worse than they were in the last six months and the current mood is pessimistic across all zones, showed the maiden real estate sentiment index jointly developed by industry body Ficci and Knight Frank India, a residential and commercial property consultancy.
Home sales bounce back in December quarter, clocks 22% rise in top 6 cities
Feb 12, 2014
DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras.
Home sales bounce back in December quarter, clocks 22% rise in top 6 cities
Feb 05, 2014
DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras.
Home sales bounce back in December quarter, clocks 22% rise in top 6 cities
Feb 04, 2014
DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras.
Haryana's Jind and Karnal becomes part of NCR zone
Jan 21, 2014
DELHI: Delhi's population growth rate has declined in the last decade and the national capital region (NCR) witnessed another expansion today with the inclusion of two Haryana districts Jind and Karnal.
NCR expands, planning lags
Jan 18, 2014
DELHI: With elections round the corner, the Union government has decided to expand the areas included under the National Capital Region (NCR) with the districts of Jind and Karnal in the state of Haryana all set to be brought in.
Office leasing activity in Delhi-NCR picked up pace in October-December 2013: CBRE
Jan 09, 2014
DELHI: Absorption of prime office space in the National Capital Region (NCR) grew around 14% in the October-December 2013 quarter compared to the previous quarter, touching 1.7 million sq ft, according to property consultancy CBRE. The previous quarter saw a total leasing of 1.5 million sq ft.
Fresh supply of mall space up 39% in 2013; no addition in NCR
Dec 18, 2013
DELHI: Fresh supply of retail space in shopping malls increased by 39 per cent in 2013 to 4.59 million sq ft in eight top cities despite delay in completion of 18 malls, said a global property consultant.
Launches of new homes drop 12 per cent in 8 major cities this year: Cushman & Wakefield
Dec 12, 2013
DELHI: Launch of new homes dropped by 12 per cent to over 1.72 lakh units so far during this calendar year in the eight major cities due to cautious approach by developers in view of slowdown in demand, according to global property consultant Cushman & Wakefield.
Property launches down 12 per cent this year
Dec 12, 2013
DELHI: Across major cities, new property launches in the residential segment declined 12 per cent this year, with Chennai recording the sharpest drop at 39 per cent, followed by the Delhi National Capital Region (NCR) at 33 per cent, according to a report.
Bangalore real estate gets maximum PE investment
Dec 09, 2013
DELHI: Bangalore's realty market received the maximum private equity investment of nearly Rs 2,000 crore in the country during January-September 2013 with increased demand for leased office assets from institutional investors, according to property consultant Cushman & Wakefield.
What slowdown, ask new realty developers
Dec 09, 2013
DELHI: Unfazed by the slowdown in the property market, companies from assorted sectors are rushing into it. As many as 20 small companies have entered the segment in the past two-three years and many are firming up plans to make an entry soon.
Housing projects may face more delays ahead
Oct 31, 2013
MUMBAI: Delayed housing projects have become common in India—a recent study said one-fourth of all residential projects in the country are delayed—and the problem is likely to get a lot worse going by the sheer number of apartments scheduled for delivery till 2016.
REITs: Can it revive realty sector?
Oct 19, 2013
MUMBAI: The capital markets regulator has notified the draft regulations for Real Estate Investment Trusts (REITs), a long-standing demand of the realty sector. This marks a key step in bringing greater transparency and professionalism in the industry.
Office space absorption fell by 14% in Jul-Sept in top seven cities
Oct 09, 2013
DELHI: Leasing of office spaces in India's top seven cities fell by 14 per cent to around 6 million sq ft during July-September compared with the previous quarter with corporates still being cautious about expansion amid subdued economic outlook, property consultant CBRE said.
Red Fort Capital to invest Rs 1000 crore in Lotus Greens projects
Oct 08, 2013
DELHI: Realty firm Lotus Greens Developers today said private equity firm Red Fort Capital would invest Rs 1,000 crore in its various residential projects in the national capital region.
Unitech inks Rs 800-crore leasing deal with Aon Hewitt
Sep 24, 2013
DELHI: In a deal that may spark a revival in the National Capital Region’s commercial real estate market, Unitech Ltd has inked a multi-crore deal to lease space at one of its IT SEZs in Gurgaon to MNC human resource firm Aon Hewitt.
NCR housing market subdued in H1: Report
Sep 14, 2013
DELHI: Residential markets across the National Capital Region (NCR) were subdued in the first half of 2013, a report by global commercial real estate services firm CBRE said.
Slowdown in real estate forces builders to cut prices and dole out freebies
Sep 02, 2013
DELHI: There are no takers for close to 6 lakh homes in the country, forcing builders to cut prices and dole out freebies, which many hope will herald the much-awaited correction in the home market ahead of the festival season.

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